Elon Musk gets more bad China news
The global EV industry is shifting in a direction that doesn't favor Tesla.

Elon Musk isn’t having a good month so far, despite the fact that he didn’t have a good March either.
Since April began, Tesla (TSLA) stock has been sharply trending downward, falling more than 18%. While the tech sector appeared to be rebounding for a few hours on April 8 following the recent selloff, TSLA is already back in the red, as are many of its peers.